Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Business Organizations Code § 101.201: ALLOCATION OF PROFITS AND LOSSES.

Where this section sits in the code

BUSINESS ORGANIZATIONS CODE
TITLE 3. LIMITED LIABILITY COMPANIES
CHAPTER 101. LIMITED LIABILITY COMPANIES
SUBCHAPTER E. ALLOCATIONS AND DISTRIBUTIONS

The profits and losses of a limited liability company shall be allocated to each member of the company on the basis of the agreed value of the contributions made by each member, as stated in the company's records required under Section 101.501.

Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.

Amended by:

Acts 2005, 79th Leg., Ch. 64 (H.B. 1319), Sec. 73, eff. January 1, 2006.

Collected 2026-08-27T01:46:58Z. Source file · JSON

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